Economic Indicators

Crisis-hit Sri Lanka swears in new prime minister

2022.07.22 09:10

Crisis-hit Sri Lanka swears in new prime minister
Dinesh Gunawardena, Leader of the House of Parliament arrives at a Buddhist temple as he waits for Ranil Wickremesinghe who has been elected as the Eighth Executive President under the Constitution, amid the country’s economic crisis, in Colombo, Sri Lank

By Uditha Jayasinghe

COLOMBO (Reuters) – Senior Sri Lankan lawmaker Dinesh Gunawardena was sworn in on Friday as the new prime minister, his office said, a day after the swearing-in of a new president as the Indian Ocean nation grapples with its worst economic crisis in decades.

The event came just hours after security forces raided a protest camp on government grounds in the main city of Colombo and cleared part of it, with at least nine arrests, as the new administration moves to crack down on protesters.

A former minister from the Podujana Peramuna party, Gunawardena took the oath of office in the presence of Wickremesinghe, seated in front of uniformed military officers in a room packed with lawmakers and officials.

The rest of the cabinet is expected to be sworn in later on Friday.

Sri Lanka’s crisis, the result of economic mismanagement and the fallout of conflict in Ukraine, sparked months of mass protests and eventually forced then president Gotabaya Rajapaksa to flee the country.

Wickremesinghe declared a state of emergency while seeking a bailout from the International Monetary Fund.

(Reporting Uditha Jayasinghe and Devjyot Ghoshal in Colombo, Writing by Shilpa Jamkhandikar; Editing by Clarence Fernandez)

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 98,695.44 1.74%
ethereum
Ethereum (ETH) $ 3,495.19 1.10%
tether
Tether (USDT) $ 1.00 0.06%
xrp
XRP (XRP) $ 2.29 0.76%
bnb
BNB (BNB) $ 710.90 2.39%
solana
Solana (SOL) $ 198.73 2.06%
dogecoin
Dogecoin (DOGE) $ 0.333032 0.23%
usd-coin
USDC (USDC) $ 1.00 0.05%
staked-ether
Lido Staked Ether (STETH) $ 3,493.30 1.68%
cardano
Cardano (ADA) $ 0.919307 1.14%
tron
TRON (TRX) $ 0.257378 0.43%
avalanche-2
Avalanche (AVAX) $ 40.74 1.01%
chainlink
Chainlink (LINK) $ 24.76 0.89%
the-open-network
Toncoin (TON) $ 6.06 5.43%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,137.92 1.11%
shiba-inu
Shiba Inu (SHIB) $ 0.000023 0.08%
sui
Sui (SUI) $ 4.51 3.26%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 98,442.38 1.99%
hedera-hashgraph
Hedera (HBAR) $ 0.311611 4.98%
stellar
Stellar (XLM) $ 0.386488 0.15%
polkadot
Polkadot (DOT) $ 7.52 0.39%
weth
WETH (WETH) $ 3,493.27 1.08%
hyperliquid
Hyperliquid (HYPE) $ 27.98 4.56%
bitcoin-cash
Bitcoin Cash (BCH) $ 466.18 1.45%
leo-token
LEO Token (LEO) $ 9.55 1.24%
uniswap
Uniswap (UNI) $ 14.03 2.62%
litecoin
Litecoin (LTC) $ 109.35 0.34%
bitget-token
Bitget Token (BGB) $ 5.82 18.05%
pepe
Pepe (PEPE) $ 0.000019 0.84%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,686.01 1.32%
near
NEAR Protocol (NEAR) $ 5.53 1.46%
ethena-usde
Ethena USDe (USDE) $ 0.999667 0.12%
aave
Aave (AAVE) $ 373.16 0.71%
internet-computer
Internet Computer (ICP) $ 11.39 2.38%
aptos
Aptos (APT) $ 9.74 0.29%
usds
USDS (USDS) $ 1.00 0.42%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.520526 0.39%
crypto-com-chain
Cronos (CRO) $ 0.159847 2.73%
vechain
VeChain (VET) $ 0.052239 1.44%
mantle
Mantle (MNT) $ 1.25 1.32%
ethereum-classic
Ethereum Classic (ETC) $ 27.62 0.96%
render-token
Render (RENDER) $ 7.61 3.72%
bittensor
Bittensor (TAO) $ 515.40 2.45%
monero
Monero (XMR) $ 196.50 3.14%
mantra-dao
MANTRA (OM) $ 3.81 0.30%
whitebit
WhiteBIT Coin (WBT) $ 24.95 1.63%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.37 2.01%
dai
Dai (DAI) $ 1.00 0.14%
arbitrum
Arbitrum (ARB) $ 0.80804 1.56%
filecoin
Filecoin (FIL) $ 5.38 0.07%